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UAE INHERITANCE LAWS
$35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...
Banks in UAE freeze FD, salary, savings a/cs after account holder’s death: A practical guide for families of deceased expats to access fundsWhen a UAE expat dies, their bank accounts including FDs and savings are immediately frozen. Families need to obtain a succession certifica...
Beyond the bling: How Indian wealth is repurposing itself in DubaiIndian wealth is increasingly using Dubai as a long-term base for structured investing, governance, and global portfolio diversification
Living in the UAE? How expats can create and register a Will in Dubai, Sharjah, Abu Dhabi and any other emirateUAE residents and expats with significant financial assets should draft and register a Will to ensure their property distribution. Sharia L...
Expat in UAE with assets but no Will? The 2026 amendment changes how your assets will be transferred to your legal heirsNew rules are coming to the UAE for expats with property and assets. Starting January 2026, the UAE Civil Personal Status Law sees signific...
Dubai, Abu Dhabi are emerging as global wealth hubs for Indians: Savills India CEO Anurag MathurDubai and Abu Dhabi are emerging as prime global wealth hubs for Indians, attracting high-net-worth individuals with their favourable tax r...
UAE updates foster care law, allows foreign residents to sponsor childrenThe UAE has expanded its fostering program, now allowing foreign residents to care for children of unknown parentage. New rules permit marr...
The billionaire exodus: Why India’s rich are heading abroadDespite India's growing millionaire population, a significant number are leaving, driven by tax scrutiny and economic formalisation. The UA...
In Swiss they trust, though the banks are not as cool as beforeIndian money in Swiss banks increased significantly in 2024. The rise is attributed to NRIs and wealthy individuals moving funds. UK's new ...
UK may rethink non-dom inheritance tax as wealthy foreigners exitFaced with an exodus of wealthy individuals and pressure from the City of London, the UK government is reconsidering its recent inheritance...
Hidden UK mansions? ED is now chasing wealthy Indians who own them via offshore cosAffluent Indians using offshore companies to buy UK properties are now under the ED's scrutiny. Acquiring stocks of foreign firms mainly ho...
No country for rich men! UK rule spawns 'tax travellers'UK-based Indian families including millionaires and recent migrants are planning to split their time across multiple countries to avoid a n...
Man can't be taxed for Rs 20 lakh gift from NRI brother: ITATUnder the Income-Tax Act, gifts exceeding Rs 50,000 are generally taxed as 'income from other sources' at the applicable slab rate, in the ...
Migration via investment route catching on among rich IndiansThe recently introduced Indian ODI (outward direct investment) regulations - which permit direct investments in international entities, sub...
Indian community in UAE hails new civil law for non-MuslimsIn his capacity as the Ruler of the Emirate of Abu Dhabi, President Sheikh Khalifa bin Zayed Al Nahyan on Sunday issued a law to regulate p...
Abu Dhabi issues law on divorce, inheritance for non-MuslimsThe report Sunday by the WAM news agency said Abu Dhabi would create a new court to handle these cases, which will be held in both Arabic a...
Abu Dhabi to allow non-Muslim civil marriage under new decree issued todayA new court to handle non-Muslim family matters will be set up in Abu Dhabi and will operate in both English and Arabic. The UAE last year ...
UAE announces relaxing of Islamic laws for personal freedomsThe broadening of personal freedoms reflects the changing profile of a country that has sought to bill itself as a skyscraper-studded desti...
PM in US: Narendra Modi takes a swipe at Congress, Robert Vadra on graft'Someone made 50 crores, someone's son made 250 crores, (someone's) daughter made 500 crores, (someone's) damaad (son-in-law) made 1000 cro...
PM Narendra Modi takes a swipe at Congress, Robert Vadra on graftDramatically pausing after saying "damaad", Modi went on to assert that there are no allegations of corruption against his government.